This research is based on the study of the relationship between gender diversity and
the financial performance of the largest companies in the private and non-financial sectors of
Peru. The percentage of participation and the presence of the women in the board of directors
are shown, the financial performance is collected and the relationship of these two variables
are evaluated. The study use a quantitative approach because the process is sequential and
probative and the design is non-experimental, correlational and cross-sectional.
In recent years, gender diversity has benefited not only society but also companies.
Several studies in Latin America have shown the importance of women within organizations,
but are more focused on the qualities and attitudes that contribute in the teams for decision
making. It has also been found that the greater diversity of gender in the teams combines
different points of view, which in turn generates a better business performance.
There is a debate among those who indicate that they are in favor of gender diversity
because they are the right ones and others who approve them because it increases financial
performance, an understanding of the relationship that may exist between both variables
would constitute an important contribution both to public policy and for corporate
governance. Therefore, the present research aimed to study and identify if there is a
relationship between gender diversity and financial performance.
With a confidence level of 95%, the results show that there is a significant
relationship between the presence of women in the board of directors and sales in the
companies under study. However, this relationship is negative. This result can be explained
by the fact that women's participation in the strategic level of organizations is still low,
therefore, a critical mass is not reached, which would make their point of view are considered
in the boardroom